Interest Rate Forecast South Africa 2024. Investing, inflation and interest rates. The poll’s medians suggested the bank will cut in the first quarter of next year by 25 basis points, chop another 25 basis points in may — the only meeting in that quarter — and.
Sun, aug 25, 2024, 3:52 am 6 min read. Interest rate in south africa averaged 11.84 percent from 1998 until 2024, reaching an all time high of 23.99 percent in june of 1998 and a record low of 3.50 percent in july of 2020.